Group executive committee

The group has reviewed and streamlined the role and composition of the group executive committee (exco) commencing January 2011. The revised members of exco are the group chief executive and the three deputy group chief executives. The head of Corporate & Investment Banking, Rob Leith, the head of Liberty, Bruce Hemphill and the group financial director, Simon Ridley, attend all exco meetings. Other executives attend exco meetings on invitation.

Exco responsibilities have been reallocated to ensure the execution of our refined strategy. Ben Kruger will assume responsibility for both major banking business lines, Corporate & Investment Banking and Personal & Business Banking. He will be responsible for optimising client relationships and revenue generation across the banking group. Sim Tshabalala will continue as the chief executive of The Standard Bank of South Africa (SBSA), the group’s largest banking operation. Standard Bank’s South African base remains the springboard for its expansion and he will continue to ensure that the requisite level of attention is paid to preserving and growing the franchise in Standard Bank’s home market. Peter Wharton-Hood will maintain his accountability for operations and IT across the banking group. In addition, he will be assuming responsibility for the effective and efficient operation of all banks outside South Africa.

Jacko Maree
Jacko Maree (55)
Group chief executive
BCom (Stellenbosch), MA (Oxford),
PMD (Harvard)

Joined the group 1980,
appointed to exco 1995

Ben Kruger
Ben Kruger (51)
Group deputy chief executive
BCom (Hons) (Pretoria),
CA (SA), AMP (Harvard)

Joined the group 1985,
appointed to exco 2000
 
 
Sim Tshabalala
Sim Tshabalala (43)
Group deputy chief executive and
chief executive - The Standard Bank of South Africa

BA LLB (Rhodes), LLM (University of Notre Dame USA), HDip Tax (Wits),
AMP (Harvard)

Joined the group 2000,
appointed to exco 2001

Peter Wharton-Hood
Peter Wharton-Hood (45)
Group deputy chief executive

BCom (Hons) (Wits), CA (SA),
AMP (Harvard)

Joined the group 1997,
appointed to exco 1999

Where you'll find us

 
historical overview